Global Cord Blood Banking Services Market Size, Trends & Growth Opportunity, By Bank Service Type (Public Blood Banks, Private Blood Banks, and Hybrid Blood Banks), By Region and Forecast till 2027.
Report ID : IR1001137 | Industries : Healthcare | Published On :June 2024 | Page Count : 234
Global Cord Blood Banking Services Market Size, Trends & Growth Opportunity, By Bank Service Type (Public Blood Banks, Private Blood Banks, and Hybrid Blood Banks), By Region and Forecast till 2027.
Market Overview
Global Cord Blood Banking Services Market was valued at USD $1.5 billion in 2021 which is expected to reach USD$ 3.8 billion by 2027 at a CAGR 13.26%. These are used to cure chronic diseases like diabetes, cancer, immune diseases, and blood diseases. Rise in usage of cord blood cells in genetic diseases is mainly propelling the global cord blood banking services market growth during this forecast period.
Market Drivers
Increase in application of stem cell therapies in diseases treatment and rise in prevalence of life-threatening genetic disorders are the key driving factors which are expected to boost the global cord blood banking services market growth. Furthermore, increase in disposable income and spending capacity will have the positive impact on global cord blood banking services market growth. Also, parents are increasingly demanding cord blood bank services (CBB) to ensure their child’s safety will fuel the market growth in near future. Moreover, increase in government initiatives and investment which is expected to propel the market growth.
Market Restraints
However, high cost of cord blood services is the restraining factor which is expected to hamper the global cord blood banking services market growth.
Market Segmentation
Global Cord Blood Banking Services Market is segmented into bank service type such as Public Blood Banks, Private Blood Banks, and Hybrid Blood Banks.
Also, market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Americord Registry, Carter BloodCare, New Jersey Cord Blood Bank, Viacord Processing Laboratory, Stem Cell Cryobank Inc, LifeCell International Pvt. Ltd, CariCord, Michigan Bloo, Cryoviva Biotech Pvt. Ltd, Lifebank USA, and China Cord Blood Corporation.
Market Taxonomy
By Bank Service type
• Public Blood Banks
• Private Blood Banks
• Hybrid Blood Banks
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Cord Blood Banking Services Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Cord Blood Banking Services Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cord Blood Banking Services Market, By Bank Service Type
5.1 Y-o-Y Growth Comparison, By Bank Service Type
5.2 Global Cord Blood Banking Services Market Share Analysis, By Bank Service Type
5.3 Global Cord Blood Banking Services Market Size and Forecast, By Bank Service Type
5.3.1 Public Blood Banks
5.3.2 Private Blood Bank
5.3.3 Hybrid Blood Bank
6Global Cord Blood Banking Services Market, By Region
6.1 Global Cord Blood Banking Services Market Share Analysis, By Region
6.2 Global Cord Blood Banking Services Market Share Analysis, By Region
6.3 Global Cord Blood Banking Services Market Size and Forecast, By Region
7North America Cord Blood Banking Services Market Analysis and Forecast (2022 – 2027)
7.1 Introduction
7.2 North America Cord Blood Banking Services Market Share Analysis, By Bank Service Type
7.3 North America Cord Blood Banking Services Market Size and Forecast, By Country
7.3.1 U.S
7.3.2 Canada
7.3.3 Mexico
8 Europe Cord Blood Banking Services Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 Europe Cord Blood Banking Services Market Share Analysis, By Bank Service Type
8.3 Europe Cord Blood Banking Services Market Size and Forecast, By Country
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4. Rest of Europe
9 Asia Pacific Cord Blood Banking Services Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Asia Pacific Cord Blood Banking Services Market Share Analysis, By Bank Service Type
9.3 Asia Pacific Cord Blood Banking Services Market Size and Forecast, By Country
9.3.1 China
9.3.2 Japan
9.3.3 India
9.4.4. Rest of Asia Pacific
10 Latin America Cord Blood Banking Services Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Latin America Cord Blood Banking Services Market Share Analysis, By Bank Service Type
10.3 Latin America Cord Blood Banking Services Market Size and Forecast, By Country
10.3.1 Brazil
10.3.2 Rest of Latin America
11 Middle East Cord Blood Banking Services Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Middle East Cord Blood Banking Services Market Share Analysis, By Bank Service Type
11.3 Middle East Cord Blood Banking Services Market Size and Forecast, By Country
11.3.1 South Africa
11.3.2 Saudi Arabia
11.3.4 UAE
11.3.5 Kuwait
12 Competitive Analysis
12.1 Competition Dashboard
12.2 Market share Analysis of Top Vendors
12.3 Key Development Strategies
13Company Profiles
13.1 Americord Registry
13.1.1 Overview
13.1.2 Offerings
13.1.3 Key Financials
13.1.4 Business Segment & Geographic Overview
13.1.5 Key Market Developments
13.1.6 Key Strategies
13.2 Carter BloodCare
13.2.1 Overview
13.2.2 Offerings
13.2.3 Key Financials
13.2.4 Business Segment & Geographic Overview
13.2.5 Key Market Developments
13.2.6 Key Strategies
13.3 New Jersey Cord Blood Bank
13.3.1 Overview
13.3.2 Offerings
13.3.3 Key Financials
13.3.4 Business Segment & Geographic Overview
13.3.5 Key Market Developments
13.3.6 Key Strategies
13.4 Viacord Processing Laboratory
13.4.1 Overview
13.4.2 Offerings
13.4.3 Key Financials
13.4.4 Business Segment & Geographic Overview
13.4.5 Key Market Developments
13.4.6 Key Strategies
13.5 Stem Cell Cryobank Inc.
13.5.1 Overview
13.5.2 Offerings
13.5.3 Key Financials
13.5.4 Business Segment & Geographic Overview
13.5.5 Key Market Developments
13.5.6 Key Strategies
13.6 LifeCell International Pvt. Ltd
13.6.1 Overview
13.6.2 Offerings
13.6.3 Key Financials
13.6.4 Business Segment & Geographic Overview
13.6.5 Key Market Developments
13.6.6 Key Strategies
13.7 CariCord, Michigan Bloo
13.7.1 Overview
13.7.2 Offerings
13.7.3 Key Financials
13.7.4 Business Segment & Geographic Overview
13.7.5 Key Market Developments
13.7.6 Key Strategies
13.8 Cryoviva Biotech Pvt. Ltd
13.8.1 Overview
13.8.2 Offerings
13.8.3 Key Financials
13.8.4 Business Segment & Geographic Overview
13.8.5 Key Market Developments
13.8.6 Key Strategies
13.9 The Cord Blood Banking Services Company
13.9.1 Overview
13.9.2 Offerings
13.9.3 Key Financials
13.9.4 Business Segment & Geographic Overview
13.9.5 Key Market Developments
13.9.6 Key Strategies
13.10 Lifebank USA
13.10.1 Overview
13.10.2 Offerings
13.10.3 Key Financials
13.10.4 Business Segment & Geographic Overview
13.10.5 Key Market Developments
13.10.6 Key Strategies
13.11 China Cord Blood Corporation
13.11.1 Overview
13.11.2 Offerings
13.11.3 Key Financials
13.11.4 Business Segment & Geographic Overview
13.11.5 Key Market Developments
13.11.6 Key Strategies